April 20, 2004 Opening Statement before the Senate Banking, Trade and Commerce Committee Opening statement David Dodge Senate Banking, Trade and Commerce Committee The Canadian economy continues to adjust to developments in the global economy such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Emerging-market economies, especially China and India, are contributing to intensified competition but are also creating new trading opportunities for Canada. Content Type(s): Press, Speeches and appearances, Opening statements
April 19, 2004 Economic and Financial Policies for Growth in the Americas: A Canadian Perspective Remarks David Dodge Council of the Americas New York, New York The giant emerging-market economies of China and India are truly changing the economic balance across the Pacific in a way that none of us can afford to ignore. The sheer size of these two economies is very impressive in itself: together, they account for close to 40 per cent of the world's population. Content Type(s): Press, Speeches and appearances, Remarks
April 15, 2004 Bank of Canada releases Monetary Policy Report Media Relations Ottawa, Ontario The Bank of Canada today released its April Monetary Policy Report, which reviews economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
April 15, 2004 Release of the Monetary Policy Report Opening statement David Dodge The Canadian economy continues to adjust to developments in the global economy, such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Content Type(s): Press, Speeches and appearances, Opening statements
April 13, 2004 Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent. Content Type(s): Press, Press releases
March 30, 2004 Debt Strategy Consultations 2004/05 - Summary of Comments In January 2004, officials from the Department of Finance and the Bank of Canada consulted with market participants on issues related to the government's domestic debt program. To allow for comments from a broader range of participants, the Debt Strategy 2004/05 Consultation Document had been made available in December 2003. Content Type(s): Press, Market notices
March 30, 2004 Asia and the Global Economy Remarks Paul Jenkins University of British Columbia Vancouver, British Columbia To state the obvious, Canada is a very open economy, heavily dependent on foreign trade. What goes on in the rest of the world can have a substantial impact on our domestic economy. Content Type(s): Press, Speeches and appearances, Remarks
March 17, 2004 The Bank of Canada Issues New $100 Bank Notes Media Relations Ottawa, Ontario The Bank of Canada today officially put into circulation Canada's new $100 bank notes. The new notes will be distributed and become available across the country over the next two weeks. Content Type(s): Press, Press releases
March 16, 2004 Adjusting to Global Economic Change Remarks David Dodge An event hosted by the Center for Financial Stability and the Canadian Embassy Buenos Aires, Argentina There is a great physical distance between our two countries - in terms of latitude, there are about 80 degrees of separation between Buenos Aires and Ottawa. But despite that distance, Canada and Argentina are closer, and have more in common, than you might think. We are both federations, with a certain natural tension between the national government and relatively powerful provinces. Content Type(s): Press, Speeches and appearances, Remarks
March 10, 2004 Adjusting to Global Economic Change Remarks David Dodge Brazil-Canada Chamber of Commerce São Paulo, Brazil Today, I want to focus my remarks on Canada's adjustment to changes in the global economy. I will talk about our efforts to adjust to longer-term economic forces and about the challenges that these forces present. Some of our experiences may be relevant to other economies that are making similar adjustments in the face of similar economic circumstances. Content Type(s): Press, Speeches and appearances, Remarks